Castik Capital has acquired a majority stake in Norwegian consulting firm Aider, facilitating further growth and strategic acquisitions in the sector.
Target Information
Aider, a prominent Norwegian accounting and consulting firm, was founded in 2019 by Andreas Vik and Knut Grotli. Since its establishment, the company has expanded rapidly, employing over 1,000 professionals, including 100 technologists, and serving more than 9,000 clients across Norway. Aider is known for its commitment to leveraging technology and prioritizing its employees, which has fostered a strong corporate culture and solidified its position as a leader at the intersection of accounting, consulting, and IT.
The firm has actively pursued growth through strategic acquisitions, completing more than 50 transactions involving small and medium-sized enterprises in the industry. This approach not only enhances Aider's market presence but also allows former owners to reinvest and take on roles as shareholders, ensuring continuity and expertise within the company.
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Industry Overview
The accounting and consulting industry in Norway has experienced significant transformation due to the rapid adoption of technology and changing client needs. The sector is characterized by stiff competition, with firms striving t
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Castik Capital
invested in
Aider
in 2024
in a Management Buyout / Buy-In (MBO) deal
Disclosed details
Revenue: $80M
EBITDA: $10M